Low-Cost B.A. Starting Slowly in Two States

By Tamar Lewin. With tuition, student loan debt and default rates all spiraling higher, what’s not to love about a $10,000 bachelor’s degree?
In the last two years, two Republican governors — Rick Perry in Texas and Rick Scott in Florida — have challenged their states’ public colleges to develop bachelor’s degrees costing no more than $10,000, less than a third of the average sticker price for tuition and fees at a four-year public college. Governor Perry said he hoped 10 percent of the state’s degrees would meet that goal with online learning and new efficiencies. Governor Scott sought low-cost degrees in high-demand fields. Read more...